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84M+ Shiba Inu Tokens Burned: Memecoin Plunges in Value

Published 10/19/2023, 04:57 PM
Updated 10/19/2023, 05:15 PM
84M+ Shiba Inu Tokens Burned: Memecoin Plunges in Value
SHIB/USD
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  • Shiba Inu’s burn rate increased substantially, with a total of 84,203,486 Shib tokens burned.
  • Over the past 24 hours, the Shiba Inu token has experienced 9 transactions.
  • The memecoin is currently priced at $0.00000674 with a plunge of 2.69% in one day and 1.20% in 7 days.

Shiba Inu has become a prominent player in the fluctuating crypto market within a short period of time, garnering investors’ interest. Over the recent days, Shiba Inu has been creating shockwaves in the industry with the astounding increase in the burn rate.

The official Shib burn tracker Shibburn took to X (formerly Twitter) earlier today to draw the community’s attention to the appreciable performance of the decentralized cryptocurrency. According to the tweet, the burn rate of Shiba Inu has substantially increased, with a considerable amount of tokens, to be specific, 84,203,486 Shib tokens successfully removed from the total supply of the tokens in one day. The post also shed light on the remarkable 9 transactions witnessed in the last 24 hours.

The post 84M+ Shiba Inu Tokens Burned: Memecoin Plunges in Value appeared first on Coin Edition.

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